focused on improving the good health of a nonprofit organization and increasing the odds that the organization will be successful in advancing the organization’s mission. There are three risks identified and mitigated for the organization in this report. The risks presented in the article are: 1) the insurance vendor is not a partner‚ 2) a risk report is not a part of the Board’s agenda‚ and 3) the policies for the charitable organization are out of sync. The risk mitigation plan
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Profit and Non-profit Organizations Lakeesha Grass PHI445: Personal and Organizational Ethics Instructor: Tom Snook October 13‚ 2014 Company Profile (Not-for-Profit- Organization) Profile of YMCA (Franz 2005) YMCA is the non-profit organization of my interest. YMCA is very interesting in development of communities as being a non-profit organization. In June 6‚ 1844 when YMCA were founded in London‚ England United Kingdom including its main goal is to put the principles of Christians
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would seem that the very heart of a not for profit organization‚ a corporation who‚ by design‚ has chosen to serve the public would be centered in trust. According to David O. Renz & Associates‚ the authors of our textbook state: “trust is the essential lifeblood of the nonprofit sector – trust that nonprofits will fulfill this implicit social contract. To ensure that this trust is sustained‚ I argue‚ five core values must permeate these organizations‚ shaping their ethics. These values are integrity
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PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
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Homeless Imagine you are homeless. You have no money‚ no job‚ and‚ obviously‚ no home. Every day you wake up‚ grab your sign‚ and stand on a corner. Sometimes people stop‚ but most of the time‚ cars whiz past you without thinking twice. Now imagine you are homeless‚ but this time it is during the Depression. How is it different? Do people help you in the same way as they would in today’s society? Our society’s attitudes towards homelessness and poverty are both similar and different than society’s
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Organizational Behavior-II Faculty: Dr. Neerpal Rathi Course Objectives: An organization does not really accomplish anything on its own. Plans do not accomplish anything either. Endeavors succeed or fail because of the people involved. Apart from their own personality attributes‚ peoples’ efforts in an organization are also influenced by the changes in economic‚ technological and social conditions‚ inside and outside the organization. The course Organizational Behavior-II is planned and designed to help
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Organization Early in human existence people learned that their individual efforts often fell short of success. They found that they were unable to accomplish many tasks that require more than individual effort. Therefore the necessity of group activity was discovered relatively early in human existence. Group activity could be aimed at some higher‚ more complex set of goals and could thus bring greater benefits to all concerned. This quality of group activity must be counted as one of the chief
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Exploring Nonprofit Organizations Worksheet on Board Governance Total_______/100 Name: Michal Jastrzebski Based on your readings‚ on Blackboard‚ on board governance‚ please answer these questions in complete sentences. 1. Why is being a board member a serious responsibility? Give at least two reasons‚ explaining them in complete sentences. [10 points per reason; 20 points total] Being a board member is a serious responsibility because these people have to safeguard the organization and its
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Nonprofit versus for-profit healthcare and organizations For-profit and not-for-profit hospitals generate revenues through daily operations. For-profit hospitals are able to generate funds through issuing stocks while non-for-profit hospitals do not have this ability. Accordingly‚ non-for-profit hospitals can issue tax-exempt bonds and can accept tax-deductible contributions. Non-profits were created with the intention of servicing the needs of the poor. This subsequently led
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in Nonprofit Organizations - Discuss financial management in nonprofit organizations and write an essay that compares and contrasts the application of financial management techniques in nonprofit and for-profit organizations. Sources of funds‚ use of debt‚ performance evaluation (efficiency in use of contributions and meeting the organization’s objectives)‚ governance mechanisms in non-profits‚ etc. would be good topics/issues for discussion in the essay. In order for any organization to
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